USDJPY Bounced Off Support, Potential Rise!
USDJPY bounced nicely off its support at 110.88 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 111.31 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support at 2.6% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 2.6% where a corresponding rise could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.